Which of the Following Statements Is Correct

question 17

Multiple Choice

Which of the following statements is correct?

• A) A hostile takeover is a primary method of transferring ownership interest in a corporation.
• B) The corporation is a legal entity created by the state and is a direct extension of the legal status of its owners and managers,that is,the owners and managers are the corporation.
• C) Unlimited liability and limited life are two key advantages of the corporate form over other forms of business organization.
• D) In part due to limited liability and ease of ownership transfer,corporations have less trouble raising money in financial markets than other organizational forms.
• E) Although stockholders of the corporation are insulated by limited legal liability,the legal status of the corporation does not protect the firm's managers in the same way.

---

Definitions:

Authentic Leadership

A leadership style in which the leader is true to themselves while leading, possessing awareness, transparency, integrity, and ethics.

Oral Reasoning

The process of thinking and expressing thoughts verbally, often used to solve problems or articulate ideas.

Self-Awareness

The conscious knowledge of one's own character, feelings, motives, and desires.

Relational Transparency

A leadership behavior that involves being open and honest in one’s communications and actions, fostering trust and authenticity.